Dyer is out of work for the first time in his career after leaving Charlton in May following the managerial changes at the Valley.
The 48-year-old joined Charlton as assistant manager to Chris Powell in January 2011 after seven years at West Ham first as a conditioning coach before taking charge of the reserves in 2008.
The highly-rated coach stayed on at Charlton until the end of last season, following the sacking of Chris Powell and helped Jose Riga secure Championship survival for the Addicks.
With most clubs now back in pre-season ahead of the upcoming 2014/15 campaign, Dyer admits he is missing being on the training field and is waiting for the right opportunity to get back into coaching with being a manager in his own right his long-term goal.
"It has been a long time since I have been out of work and I can't really get used to it," Dyer told Sky Sports. "I want to be out on the training pitch and even though it has only been a short time since I left Charlton, I am missing it.
"Since I have left Charlton, I went on a coaching course and I have got my UEFA Pro Licence and ironically now I am finished that I find myself out of work.
"I am waiting for the right opportunity, hopefully at a good level as I am itching to get back into coaching as it something I love doing."
Although he admits he is in no rush to become a manager, Dyer is hoping to be given that opportunity to be in sole charge of a club in the future.
"At West Ham, I worked under a few different managers - Alan Pardew, Alan Curbishley, Gianfranco Zola, and Avram Grant - and I feel I learnt a lot from them and then when I left West Ham, I had a great three-and-a-half years working with Chris [Powell], winning promotion and then establishing Charlton in the Championship on a limited budget.
"Chris is the same as me. He wants to get back out there and we do miss it.
"I would love to manage in my own right and now I have finished off the Pro Licence, I have got all the qualifications and I am waiting for the right opportunity."
Dyer believes man-management is probably the most important attribute a coach needs if they are to be a success in getting the best out of the players at their disposal.
"I think you definitely need good leadership and good man-mangement if you want to be successful as a manager," added Dyer.
"It is all about understanding the players and not to be shouting and bawling at them like it used to be.
"You have to be in and around the players and earn their trust and I feel I can do that.
"Naturally I am confident if the opportunity to become a manager comes along, I will take it."